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Dec 30, 2012
12/12
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they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our ambassador chased him down the hallway and finally cornered him long enough to say we wanted to talk. two weeks later a chinese car flying the chinese flag arrived at our embassy and brings the ambassador saying, okay, i'm ready to talk. >> but the meetings met with little progress. in the summer of 1969 with lower bureaucratic channels broken down kissinger and nixon devised a plan to go straight to the top, right to chairman mao. during a trip to pakistan they asked the president to arrange the china connection. >> nothing happened for six mo
they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our...
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Dec 12, 2012
12/12
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that chrysler was going to begin making jeeps in china. >> for chinese. >> right. right. it made perfect sense. a lot of auto-companies do this. obviously, that's the clear implication of the ad. so the fundamental message is a lie. they just covered thems enough with the language. maybe they thought they wouldn't get called out on it. i think they were desperate to win ohio. maybe it was a net loss. >> i think it's one of those things like voter suppression. whiplash against it. thank you so much, michael. thank you, jonathan. same with you. when we return, let me finish with the ultimate triumph this year of, believe it or not. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. to the best vacation sp(all) the gulf! [ male announcer ] break from the holiday stress. it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it.
that chrysler was going to begin making jeeps in china. >> for chinese. >> right. right. it made perfect sense. a lot of auto-companies do this. obviously, that's the clear implication of the ad. so the fundamental message is a lie. they just covered thems enough with the language. maybe they thought they wouldn't get called out on it. i think they were desperate to win ohio. maybe it was a net loss. >> i think it's one of those things like voter suppression. whiplash against...
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Dec 31, 2012
12/12
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. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics a
. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well...
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Dec 26, 2012
12/12
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. >>> and the world's longest high-speed rail line is now open for business in china. the first trip was this morning as passengers boarded a train in bay bridge. the line is 1,428 miles long ending in the southern city of [ non-english language ] the city takes 8 hours compared with the more than 20 hours for the previous system >>> some encouraging news on child obesity. the problem appears to be easing among small children in poor families. the centers for disease control followed 27 million children between the ages of 2 and 4 from 1998 to 2010 and the rate of obesity decreased from 15 to in3 to 14.9%. extreme obesity went down by 2%. >>> a new study suggests there may be a genetic component to how children feel pain. researchers at geneva university in switzerland analyzed the dna of 168 kids recovering from major surgery. well, the young patients with a certain gene variant felt more pain. >>> a warning this morning about a popular cosmetic medicine. the food and drug administration is warning hundreds of medical practices that botox they have could be bad. cbs r
. >>> and the world's longest high-speed rail line is now open for business in china. the first trip was this morning as passengers boarded a train in bay bridge. the line is 1,428 miles long ending in the southern city of [ non-english language ] the city takes 8 hours compared with the more than 20 hours for the previous system >>> some encouraging news on child obesity. the problem appears to be easing among small children in poor families. the centers for disease control...
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Dec 29, 2012
12/12
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KGO
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if you don't visit your aging parents, you face a fine in china. the law is meant to give neglected parents grounds to take their grown children to court. china is facing a huge hurdle in caring for its aging population. >>> high in the sky over times square, 288, that's how many tiles were installed on the waterford crystal ball. one of of the tiles, dedicated to dick clark, this year's celebration will pay tribute to the man who got the party started, first began hosting from times square in 1974. when we come back, we remember dick clark and so many american greats, americans who soared to amazing heights, others who gave us a "last dance," after a fapelts scene with his mother. s- you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and
if you don't visit your aging parents, you face a fine in china. the law is meant to give neglected parents grounds to take their grown children to court. china is facing a huge hurdle in caring for its aging population. >>> high in the sky over times square, 288, that's how many tiles were installed on the waterford crystal ball. one of of the tiles, dedicated to dick clark, this year's celebration will pay tribute to the man who got the party started, first began hosting from times...
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Dec 31, 2012
12/12
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FBC
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now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe investments. but other things that are traditionally considered to be safe like utility stocks and reit, things that are really dependent upon the cost of long-term money, we think durable. gerri: volatility can be your friend. >> because down or volatility can create buying a virginities if you are positioned for a. buy things lower. buy low and sell high. gerri: that is always the case. to you as you lookkat this market going forward. we just showed these numbers. up 13% on nasdaq at 17. what is interesting about this is that i don't b
now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe...
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Dec 29, 2012
12/12
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CNBC
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i mean, can we be tough or russia because they're less important to us than say, china or saudi arabia? >> i think the russians would like us to be tougher. what is quite interesting is that vladimir putin might have stepped out too far on this issue. there are 600,000 orphans in russia right now which is more than they had during the time of world war ii. now, oftentimes the russians and russian public opinion can be quite anti-american except in this case almost 40% of russians actually support the act which when you consider it it's not a majority, but coming from a country that's often anti-american and public opinion that's really significant. >> when putin was signing the thing he said, so what if the living standards in other countries are better than ours? so what? i don't care. should we all move there? he doesn't really care. >> well, actually what he's touching on is another debate, a demographic debate which he is very worried about that many russians, young russians are leaving the country. russia's population is in decline. what president obama should do is stick to his g
i mean, can we be tough or russia because they're less important to us than say, china or saudi arabia? >> i think the russians would like us to be tougher. what is quite interesting is that vladimir putin might have stepped out too far on this issue. there are 600,000 orphans in russia right now which is more than they had during the time of world war ii. now, oftentimes the russians and russian public opinion can be quite anti-american except in this case almost 40% of russians actually...
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Dec 29, 2012
12/12
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FBC
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> it is about double. it will increase, hopefully not. you are between three and $4 a gallon. it is not just about melt. this is a food cliff. we talk about the finan
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt...
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Dec 16, 2012
12/12
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CSPAN2
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by 2030, china is the second-biggest economy in the world right now. we think of it as an exporting economy but their growth has been internal. by 23 which is not that long way although it sounds far away, they will be the world's largest consumer economy. they will be the ones setting the trend in terms of one car is like and what a washing machine is like and what and ipad is like. they are also building more cities than anybody else, going from 75 cities of 1 million people to two 20 cities of 1 million people to almost 20 cities of ten million people and in doing that they will be building our highways and power plants of tomorrow and the czech writer has a lot of power in what these look like so they will be dictating what those things look like as well and as they create vast reserves of wealth and giving it to people who need to borrow it europeans who need to borrow it gain influence that way and when they go to latin america where they are the number one trading partner investor in brazil or africa where they are number one investor they get a
by 2030, china is the second-biggest economy in the world right now. we think of it as an exporting economy but their growth has been internal. by 23 which is not that long way although it sounds far away, they will be the world's largest consumer economy. they will be the ones setting the trend in terms of one car is like and what a washing machine is like and what and ipad is like. they are also building more cities than anybody else, going from 75 cities of 1 million people to two 20 cities...
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Dec 27, 2012
12/12
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this whole sector's had a nice rally on positive china data. so, i think the stock is just pulling back a little bit more than 2% today, but still in a bullish formation. >> and we have a drop here for presents. a drop for presents? tired of tube socks? sick of scarves? here's a problem that many people face. what do you do with the unwanted holiday gifts? more than 350 users have posted items on ebay with the heading unwanted christmas presents and with many rejected presents still wrapped, you can strike it rich on one of these unloved gifts. >> you just had to throw the inlaws in there, right? >> not like i have any experience. but i would imagine that might be difficult. >> that's the regifting move. i like it. >>> coming up next, call it the hottest trade on earth. why a plunging yen is creating big opportunities. >>> and later, the "twilight" movie saga grossing $3 billion for lionsgate. we find out what's next for the company as its stock soars. that's coming up next. ♪ ...could end with adding a close friend. the lexus december to rem
this whole sector's had a nice rally on positive china data. so, i think the stock is just pulling back a little bit more than 2% today, but still in a bullish formation. >> and we have a drop here for presents. a drop for presents? tired of tube socks? sick of scarves? here's a problem that many people face. what do you do with the unwanted holiday gifts? more than 350 users have posted items on ebay with the heading unwanted christmas presents and with many rejected presents still...
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Dec 29, 2012
12/12
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FBC
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we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at adircopd.com. i don't have to leave my de and get up and go to the
we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung...
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Dec 29, 2012
12/12
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FBC
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eye 60
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just gotblacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guessam on the naughty list again? ho ho ho! pizza hut's $10 any pizza on deal is back.ist again? any pizza, toppings, sis. ...ten bucks. the meat lover's pizza. ...ten bucks. delivery, dine in or carry. ...out of this world pizza. pizza hut's $10 any pizza deal is back. now, that's how you make it great. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on.
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just gotblacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any...
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Dec 27, 2012
12/12
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CNNW
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. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the el
. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a...
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Dec 28, 2012
12/12
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MSNBCW
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things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the pain. they're not filling empty positions. it's already -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on ea
things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the...
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Dec 29, 2012
12/12
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FBC
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes the same time to create a dropout. and the difference between a kid becoming one or the other could be professional athlete. or it could be you. studies show, the earlier we get to kids, the better their chances. so become a united way volunteer reader, tutor or mentor. make a difference in the life of a child. for the life of that child. give. advocate. volunteer. live. united. join your favorite nfl players. take the pledge. go to unitedway.org. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year al
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes...
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Dec 30, 2012
12/12
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FOXNEWSW
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china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work. it will do one thing, raise the prices everything we spend money on today. >> gregg: good to is a you. >> arthel: and if all that doesn't work, you play the lottery. california alone raking $4.8 billion in 2012. what are the odds of that in such a fragile economy. bringing in claudia kalan with the story. >> you are right. it's not just california. in states across the country, lottery sales were thriving in 2012. according to the experts it has a lot to do with the state of the economy. >> are you going to walk away with it? >> even
china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work....
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Dec 28, 2012
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. >> yeah, that's right, they built it in china. >> let's never revisit that. you didn't build that. >> i'll tell you one thing, viral videos helped spread the word about it. number four, our old friend herman cain, a lot of our friends were afraid after his pokemon speech, we'd never hear from him again. this video game involving chickens. >> your average american taxpayer, big government. >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you need a mental checkup. >> there's something in there that explains why we like herman cain. >> but sad reality, he was the republican front-runner. >> everybody was the republican front-runner! will was? >> never have chicken wings at a godfather's pizza. >> the next
. >> yeah, that's right, they built it in china. >> let's never revisit that. you didn't build that. >> i'll tell you one thing, viral videos helped spread the word about it. number four, our old friend herman cain, a lot of our friends were afraid after his pokemon speech, we'd never hear from him again. this video game involving chickens. >> your average american taxpayer, big government. >> ahh! >> any questions? >> i've got a lot of questions. that...
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Dec 1, 2012
12/12
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KRCB
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there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the companies that have a china strategy? we hear from so many companies like starbucks or marriott hotels who say china is going to be their biggest market long-term outside of the united states. do you think that they're on track to continue with that policy, despite the bumps along the way? >> yeah, i think the big story here is really going to be the urbanization story. i mean the expectation that the chinese government has is really azing. they expect $300 million people are going to move from rural areas to urban areas within china over the next 20 years. if that happens the way the government expects it's
there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the...
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Dec 26, 2012
12/12
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KPIX
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china is looking to bring parts of america to china. >> reporter: in 2010 this vineyard was for sale. chinese investors bought, it and now 90% of the wine from here, that's 9,000 cases, is shipped to china. >> what does a chinese company want with a vineyard in mappa valley? >> there's a big demand for luxury goods and goods that are scaries and well made. rather than buying chinese-made products and sending money over there, they're buying american-made products and sending their money back over here. >> the jobs stay here? >> the jobs stay here. >> reporter: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies. a record $560 million in just the past year. the chinese are also boosting the golden faith housing recovery. they've bought one out of every ten homes sold in the past year. >> compared to the high-end housing, like, in beijing, this is nothing. >> reporter: dee mung is a student at the university of california. his parents bought him this nearly $1 million condo at the ritz carlton. they thought renti
china is looking to bring parts of america to china. >> reporter: in 2010 this vineyard was for sale. chinese investors bought, it and now 90% of the wine from here, that's 9,000 cases, is shipped to china. >> what does a chinese company want with a vineyard in mappa valley? >> there's a big demand for luxury goods and goods that are scaries and well made. rather than buying chinese-made products and sending money over there, they're buying american-made products and sending...
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Dec 29, 2012
12/12
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FBC
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ tom: washington still fighting over the debt deal. farmers are worried abou
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of...
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Dec 1, 2012
12/12
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CNBC
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some people are saying that china is also reinflating and they had a soft landing. then what about europe? i've seen some people touting europe. if you look at the financial fear indicators in europe, that crisis is basically over. >> well, yes, it is. i don't know if you can capture in the frame on the camera. what i'm doing here, i'm patting myself on the back. who is it who's been telling your viewers for two years every time there's one of these trumped-up crises in europe to buy it. now there's been a solution. europe has been stabilized. it's actually the brightest place for investors on the planet. i'm sorry you missed the bottom but it's not too late. you look at after hearing that segment on the u.s. government making the decision to debase paper coins by turning them into -- paper money by turning them into junk disposable paper coins? well what would you rather own? the ten-year american bond, treasury bond yielding what, 1.6%? or would you rather have a spanish bond denominated in the strongest currency in the world, the euro, paying 5.5%? i'll take spai
some people are saying that china is also reinflating and they had a soft landing. then what about europe? i've seen some people touting europe. if you look at the financial fear indicators in europe, that crisis is basically over. >> well, yes, it is. i don't know if you can capture in the frame on the camera. what i'm doing here, i'm patting myself on the back. who is it who's been telling your viewers for two years every time there's one of these trumped-up crises in europe to buy it....
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Dec 13, 2012
12/12
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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Dec 13, 2012
12/12
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. >>> let me finish tonight with this. memory is a fascinating thing. what we choose to hang on to, what hangs on in our mind, no matter what we choose. if you're like me, you remember the big ones. you remember the president's bad night in that first debate. actually, that's one i tried hard to get out of my mind. it's punishing just to think about. you remember the oddness of watching mitt romney stand in fr
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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Dec 26, 2012
12/12
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china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern california. his paren
china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying...
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Dec 7, 2012
12/12
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CURRENT
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i love apple products but i hate the fact they are made in china. now, tick tim cook is changing steve jobs' philosophy. he is bringing the company in a welcomed new direction, telling brian williams that starting next year they will manufacture one entire line of computers here in the u.s.a. $100 million worth. just anytime for me because now i can switch from my del laptop to a new macpro. how excited it will be to buy that macpro and see those magic words stamped on the back of it, "made in the u.s.a. "that's my parting shot for today, folks here we go into the weekend. enjoy it. kick back. make the most of it. get all of your christmas shopping done and come on back and see us right here on monday! have a good one. >> this is "the bill press show."
i love apple products but i hate the fact they are made in china. now, tick tim cook is changing steve jobs' philosophy. he is bringing the company in a welcomed new direction, telling brian williams that starting next year they will manufacture one entire line of computers here in the u.s.a. $100 million worth. just anytime for me because now i can switch from my del laptop to a new macpro. how excited it will be to buy that macpro and see those magic words stamped on the back of it,...
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Dec 11, 2012
12/12
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CNBC
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china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build their industrial base. and the other thing -- >> hang on a second. this is an important point. ann lee, i'd like to get something from this. okay? if the u.s. foreign investment advisory board okays the deal, fine. but they counterfeit our goods. the chinese have a lot to answer for. shouldn't we make a deal? we let them buy the company but we should make a deal and they should somehow stop all the pirating of our technology? >> i think the chinese government is already trying to crack down on counterfeiting and other th
china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build...
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Dec 28, 2012
12/12
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CNNW
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i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for will to rehash the whole "you didn't build that" -- >> please, never revisit that, you didn't build that. >> well, the viral videos helped spread the word about it. now, number four, our old friend herman cain, a lot of us were afraid after his pokemon concession speech, we'd never hear from him again, but he does have a life after the presidential campaign. this video involving chickens. >> is the average american taxpayer feeding big government? >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you need a mental checkup. >> there's somethi
i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for will to rehash the whole "you didn't build that" -- >> please, never revisit that, you didn't build that. >> well, the viral videos helped spread the word about it. now, number four, our old friend herman cain, a lot of us were afraid after his pokemon concession speech,...
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Dec 28, 2012
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. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting human rights? the trade off that we'll get here. the law gets passed and human rights violators in russia can't come year and now 1,000 children don't come to the united states and people who want them don't get them. >> my personal view, no. they're glad to take our money and they've long had to put their money overseas, but they do not want human rights promotion and we've seen that inside russia and we've seen that against the crockdown on the internet and this is just the latest interaction of the series of things going back for more than a year against the political opposition and what they see is the u.s.-sponsored
. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting...
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Dec 31, 2012
12/12
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FBC
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play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what a frappucino tastes like. >> oh, look out, china. liz: two pharma companies, what do you think are the big names here because we're all getting older, and we all need new medicine. >> we're going to be buying a lot of pfizer especially and bristol-myers. those are the two picks we have. pfizer is around 24, $25 a share, bristol-myers about 31. and they have in common a new blood-clotting drug, and everyone's very, very excited about that. bristol-myers developed it, and pfizer will be marketing it. so we hi there's huge opportunity -- we think there's huge opportunity
play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what...
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Dec 29, 2012
12/12
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CSPAN2
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competition we have with china. that is how we can give them ideas, but at least either some kind of a taxation or something that if they take it from us, they lose something. that's the most difficult part of entrepreneurship, still, my idea, still good. >> your question is how can we keep mass production here when the cost advantages of tremendous in places like china. one fact, though, is that labor costs an are only about 10% of a product cost. there's a lot more that goes into it. it's also the subsidies that the chinese government is giving when they give free land, free rent. it is the currency issues, but, you know, there are several encouraging signs. one, wages are rising in china, slowly, transportation costs and fuel costs increased with the natural gas in the united states, some of the manufacturing costs and some of the alternative energy manufacturing costs are coming down. the equation is a little more balanced, and that said, you know, in the case of apple, they do the manufactures here, but in the
competition we have with china. that is how we can give them ideas, but at least either some kind of a taxation or something that if they take it from us, they lose something. that's the most difficult part of entrepreneurship, still, my idea, still good. >> your question is how can we keep mass production here when the cost advantages of tremendous in places like china. one fact, though, is that labor costs an are only about 10% of a product cost. there's a lot more that goes into it....
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Dec 6, 2012
12/12
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CSPAN
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eye 106
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active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we should tax that money -- income and we should ta money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. open phones. if you like to have a comment about anything we discussed this morning, any public policy issue that you like to bring up, you can see the numbers on the screen/political affiliation. republicans, democrats, and independents. send your tweets and e-mials as mails as well. >> , 9:31 a.m.. jobless numbers in this hour so the numbers of people seeking aid dropped sharply las
active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they...
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Dec 26, 2012
12/12
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CNBC
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up next, really fast trains in china. we've decided to great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve.
up next, really fast trains in china. we've decided to great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought...
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Dec 21, 2012
12/12
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CNBC
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we know china's economy is on the mend. that's good news for mgm china. they have one resort right now but back in october mgm got permission to build a hotel and casino on the strip which is a huge new development of macau. it will take years to get this up and running. most don't expect it to open until 2016 or 2017 but gives mgm growth down the road. growth guys love that stuff. mgm popped off lows. not caught the bottom here. if you wait for fiscal cliff related pullback, you probably will do better and you know they'll give us a couple. in this uncertain environment there's nothing better than a good old fashioned turnaround story. a three headed turnaround. clean up the balance sheet, vegas is improving, china is growing too. bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. how you feel about that? >> i feel really good about that. i follow this closely. expedia
we know china's economy is on the mend. that's good news for mgm china. they have one resort right now but back in october mgm got permission to build a hotel and casino on the strip which is a huge new development of macau. it will take years to get this up and running. most don't expect it to open until 2016 or 2017 but gives mgm growth down the road. growth guys love that stuff. mgm popped off lows. not caught the bottom here. if you wait for fiscal cliff related pullback, you probably will...
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Dec 11, 2012
12/12
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CNBC
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retail stocks that have exposure in china such as tiffany. >> i'm not a big fan of tiffany. that stock has been a very, very difficult stock. i do think that you want to look at pvh because of the warm weather in america, but after they bought calvin klein, that's the one i think you ought to look at. let it come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. i'd love to discuss decker's or coach. until we get a deal, it's bad news for the market. even for cheap stock like apple. "mad money" will be right back. >>> high on biotech. medical innovations continue to help us. tonight, two companies with breakthrough products that are leading the charge. cramer is talking to the ceos of immunogen and seattle genetics, just ahead. and later, reenergized. pipelines, they're america's energy toll road and can provide investors with a secure source of dividends, but his investment in north dakota's oil rich bakken shale continues, cramer's looking for companies that are ready to expand. don't miss the ceo of enbridge energy. all c
retail stocks that have exposure in china such as tiffany. >> i'm not a big fan of tiffany. that stock has been a very, very difficult stock. i do think that you want to look at pvh because of the warm weather in america, but after they bought calvin klein, that's the one i think you ought to look at. let it come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. i'd love to discuss decker's or coach. until we get a deal, it's bad news for...
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Dec 28, 2012
12/12
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KDTV
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segÚn la televisiÓn china 16 personas resultados lesionadas al ser golpeadas por las esquirlas de los vidrios. el accidente se debiÓ al envejecimiento de los materiales. >>> predijo un pastol ♪ ♪ ♪ >>> cuando muere tragicamente una figura de gran impacto, su desapariciÓn llega acompaÑada de todo tipo de historias, el caso de jenni rivera no es la excepciÓn, y como cuenta liliana, esas particulares narraciones hacen de la romeria diaria en la casa de la diva. >>> eva barrasa vino para honrar la memoria de alguien, y tambiÉn de profesias que envolverÍan la tragica muerte. >>> sÍ lo creo, porque su pastor le dijo que el espÍritu santo hablaba por medio de ellas, y que por medio de ellas iban a buscar a dios miles de personas, porque Él la iba a llevar a lo mÁs alto. >>> eva se refiere en el que un pastor le impone las manos a jenni. gustavo desmintiÓ estas interpretaciÓn. >>> que va a volar alto y le va a ayudar a miles de personas. y acercarse mÁs a dios. no podemos cambiar a todo el mundo. >>> el pastor bruno camaÑo la conocÍa, cantÓ a favor de la vida en una canc
segÚn la televisiÓn china 16 personas resultados lesionadas al ser golpeadas por las esquirlas de los vidrios. el accidente se debiÓ al envejecimiento de los materiales. >>> predijo un pastol ♪ ♪ ♪ >>> cuando muere tragicamente una figura de gran impacto, su desapariciÓn llega acompaÑada de todo tipo de historias, el caso de jenni rivera no es la excepciÓn, y como cuenta liliana, esas particulares narraciones hacen de la romeria diaria en la casa de la diva....
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Dec 17, 2012
12/12
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their user base is highly mobile in china. these guys have to prove to people they can compete in the same space that google is trying to but they dominant. they don't have any competitors out there and this s.e.c. investigation into the chinese internet names is overdone. this is a great place on the chart. momentum is with you. >> pete, you're going to tim's girl, actually. >> tim's old girl. everybody's hated nokia. this stock was underneath $2 a share. i think this thing is fascinating. the 920 phone and the fact they actually have a contract with china mobile. 700 million subscribers, more than that. this company with the windows 8, i think there's a lot of different catalysts out there. we saw you unusual activity in this name. it was trading around $2. today, $4 a share. i think nokia's not going to beat up on apple, but if you want performance, that's the name to be in. >> gain market share at apple's expense? >> i think they can gain some market share. i don't know if it's at apple's expense, htc, whoever it is going
their user base is highly mobile in china. these guys have to prove to people they can compete in the same space that google is trying to but they dominant. they don't have any competitors out there and this s.e.c. investigation into the chinese internet names is overdone. this is a great place on the chart. momentum is with you. >> pete, you're going to tim's girl, actually. >> tim's old girl. everybody's hated nokia. this stock was underneath $2 a share. i think this thing is...
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Dec 28, 2012
12/12
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WBAL
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locally, this will not be 65 feet of snow at the spot in china. remember, i read this and i just said -- what? there could be an avalanche and buried villages in the mountainous areas of china. livestock were buried, many of them killed. villages are working the other to clear the snow. from the looks of the video, it will take quite a long time. >> i thought you meant it dropped 65 feet before the storm already world. >> hopefully they have emergency kids. >> i'm sensing a theme. >> this is not a mega storm, not a monster. just a few inches. let's start with the current conditions and then we will get into the details. 38 right now at the airport. winter weather and risers are in effect for all county shaded in blue for saturday. if you are not shaded, that not mean you will not get any. revised he's extending all the way down into the ohio valley because the storm visiting us is just now getting its act together around the gulf coast and moving through the ohio river valley to visit us saturday morning. this is a quick moving storm that does not
locally, this will not be 65 feet of snow at the spot in china. remember, i read this and i just said -- what? there could be an avalanche and buried villages in the mountainous areas of china. livestock were buried, many of them killed. villages are working the other to clear the snow. from the looks of the video, it will take quite a long time. >> i thought you meant it dropped 65 feet before the storm already world. >> hopefully they have emergency kids. >> i'm sensing a...
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Dec 2, 2012
12/12
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CSPAN
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these kids know more about the middle east and china. in speaking to the average high- school in new york city and after it's about what is happening in the world, i think it would take your breath away. this is a serious problem. the second part of what the technology can matter is because we did not have to limit the school day anymore to the hours inside the school room. as -- there is much more we can do. i watch people here from a great school in sweden. and they have managed to create a portal in ways. i met a kid whose mother was an aris -- was a nurse. we are the only profession that admits we are failing in what we're doing for our kids and we all go home at 3:00. there has to be a way to think differently about the dimensions of the challenge. i think technology is part of that problem. about to go back to what condie started. as important as music and art and global history is, to two cannot read into basic mathematics -- kids who cannot read or do basic mathematics will not do higher or critical thinking. we have to figure ou
these kids know more about the middle east and china. in speaking to the average high- school in new york city and after it's about what is happening in the world, i think it would take your breath away. this is a serious problem. the second part of what the technology can matter is because we did not have to limit the school day anymore to the hours inside the school room. as -- there is much more we can do. i watch people here from a great school in sweden. and they have managed to create a...
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Dec 28, 2012
12/12
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CSPAN
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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Dec 21, 2012
12/12
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CNBC
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where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets that we serve and having sufficient diversification so that if one part of our business, for instance networking or telecommunications may be going through a lull or a slower period with government spending and business spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our materials technology group. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business really are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there.
where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets that we serve and having sufficient diversification so that if one part of our business, for instance networking or telecommunications may be going through a lull or a slower period with government spending and business spending,...
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419
Dec 27, 2012
12/12
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KQED
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eye 419
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we found another example of that in china. snow sculptures put in hundreds of hours to carve masterpieces as part of a festival in the northeast in super cold conditions. >> it is -30 degrees celsius in this part of china and the sculptors are continuing to carve their masterpiece despite the plighting cold. >> i need to protect my face as much as possible. the cold weather and the uv light to make my face hurt. it will take about two weeks to return to normal after a go home. >> one of the works is a herd of stemmed -- of stallions. the kind this particular piece will be the largest in the world. this is another example of their icy art, a life-size to church, incredible detail by the incredibly dedicated. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurt
we found another example of that in china. snow sculptures put in hundreds of hours to carve masterpieces as part of a festival in the northeast in super cold conditions. >> it is -30 degrees celsius in this part of china and the sculptors are continuing to carve their masterpiece despite the plighting cold. >> i need to protect my face as much as possible. the cold weather and the uv light to make my face hurt. it will take about two weeks to return to normal after a go home....
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Dec 26, 2012
12/12
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china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it and now 90% of the wine from here that's 9,000 cases -- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods for goods that are scarce and for goods that are well made. so rather than buying chinese- made products and spending our money over there, they're buying american made products and sending their money back over here. >> reporter: on the jobs stay here? >> and the jobs stay here. >> reporter: rich chinese firms have investigated billions in the u.s. 1.3billion in california companies. a reported $560 million invested in the past year. the chinese are also boosting the golden state's housing recovery. they have bought one out of every 10 homes sold in the past year. >> compared to the high-end housing like in beijing, this is not that expensive. >> reporter: this university of southern california student has a $1 million condo at the ritz- carlton. his pare
china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it and now 90% of the wine from here that's 9,000 cases -- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods for goods that are scarce and for goods that are well made. so rather than buying chinese- made products and spending our money over there, they're...
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Dec 30, 2012
12/12
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CSPAN
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as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is that t
as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to...
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this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the navy. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president ama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of tht. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience i military matters. in this particular case we are going down to 220 ships. to put that number in rspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ships
this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the navy. it will take the navy and drive it down to the...